The word "experience" may refer, somewhat ambiguously, both to mentally unprocessed immediately perceived events as well as to the purported wisdom gained in subsequent reflection on those events or interpretation of them.
Some wisdom-experience accumulates over a period of time, though one can also experience (and gain general wisdom-experience from) a single specific momentary event. One may also differentiate between (for example) physical, mental, emotional, spiritual, vicarious and virtual experience(s).